About Risk Analytics :   - Protect Barclays from a volatile and weak external environment by managing risk appetite and mandate and scales at appropriate levels, and ensuring that activity across products and geographies takes into account external developments.   - Streamline our risk approval and oversight processes by understanding our processes back to front, reducing delivery time and automating where possible.  - Improve our controls through continued focus on model   Overall purpose of role :   - The position is in the Operational Risk and Economic Capital Modelling. The team's primary role is to provide the Group's Executives with best in class analytics in these fields.  - The role is to ensure that Barclays maintains and continues to develop effective assessment and modeling of operational risk capital requirements. This includes the validation of key risk assessments and the modeling of these risks using Barclays Advanced Measurement Approach (AMA) model for the calculation of operational risk capital requirements.  - The position will offer the job holder an excellent opportunity to enhance their skills including risk management, technical modelling and communication skills.  Key Accountabilities and Skills required :  Model Development :   - Liaise with industry experts and FSA to ensure that approach is consistent with best practice and is acceptable to regulators  - Conduct statistical analysis of loss data   - Design and develop improvements to the AMA model   - Coordinate internal validation of models   Operational Risk Analysis & Reporting :   - Analyse operational risk data and provide analyses and reports with the purpose to enhance the ORAC database quality for Operational Risk events.   - Review and challenge operational risk assessments and analysis by BUs   - Calculate quarterly and monthly capital requirements using AMA model and prepare reports  Stakeholder management and leadership  - Participation with stakeholders across the business in order to understand their issues, objectives and priorities; suggest and discuss potential solutions.  - Help to communicate the results of the models developed or other analytics to business owners; help to drive business actions based on the results.  - Help manage the trade-off between tactical and strategic to meet customer needs.  Decision making and problem solving. :   - Driving increases in value by developing innovative modelling and analytical solutions which improve the credit risk management / mitigation process of BUK, further ensuring the implementation and appropriate use of models for stress testing purposes  - Be pro-active in identifying and analysing the value of incremental information sources  Risk and Control Objective : Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.  Requirements for Vice President - Modelling :  - Prior experience in an economic or regulatory capital modelling role   - Strong knowledge of analytical and mathematical modelling techniques  - Good knowledge of regulatory framework relating to operational risk  - Prior experience in Operational risk concepts and risk measurement techniques is not a prerequisite for this role, but the applicant should be able to demonstrate an interest in the topic.  - Highly competent in statistical analysis (eg distribution fitting, regression analysis, correlation analysis, convolution of distributions, simulation techniques)   - Advanced Excel capabilities   - Matlab and/or Mathematica programming experience desirable   - Excellent organisational skills - to ensure timely delivery of Regulatory and Economic Capital reporting and other deliverables   - Strong networking skills - to engage Business Unit operational risk teams   - Excellent communication skills, written and oral - able to communicate complex concepts in plain English

Delhi NCR

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Barclays - Operational Risk Modelling & Economic Capital Modelling 

Barclays - Operational Risk Modelling & Economic Capital Modelling  ,Job Description for Barclays - Operational Risk Modelling & Economic Capital Modelling  in Barclays in  Delhi NCR Others for (12-15) years of experience. Apply Now!

Job Description for Barclays - Operational Risk Modelling & Economic Capital Modelling  in Barclays in  Delhi NCR Others for (12-15) years of experience. Apply Now!